Uber Technologies (UBER) Revenue — Quarter Ended Dec 31, 2024
Revenue rose in the quarter, continuing an upward trend. It increased compared to both the immediately preceding quarter and the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue rose in the quarter, continuing an upward trend. It increased compared to both the immediately preceding quarter and the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$12B
Revenue reported for this quarter.
Quarter-over-quarter
+6.9%
Change from the immediately preceding quarter.
Year-over-year
+20.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$44B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $10.1B | +14.8% |
| Jun 30, 2024 | $10.7B | +15.9% |
| Sep 30, 2024 | $11.2B | +20.4% |
| Dec 31, 2024 | $12B | +20.4% |
Revenue performance
The company saw growth in Monthly Active Platform Consumers and overall Gross Bookings, driven by higher Mobility and Delivery trip volumes. However, certain business model changes in some countries reduced reported revenue.
Quarterly comparison
Revenue improved sequentially from the prior quarter and showed a larger increase compared to the same period last year.
What to watch
The impact of business model changes that classify certain costs as contra revenue may continue to affect reported revenue.